Federal Reserve Chair Powell Testifies on Capitol Hill as S&P 500 and Nasdaq Hit Record Highs

Reported about 1 year ago

Both the Nasdaq Composite and the S&P 500 achieved record highs during Monday's trading session, with the S&P 500 on its longest winning streak in five months as Federal Reserve Chair Jerome Powell testifies before lawmakers on US monetary policy. President Biden's attendance at the NATO summit to discuss foreign policy amid scrutiny of his age and mental fitness is also in focus. Tesla saw a 9-day winning streak, wiping out its year-to-date losses, while Yahoo Finance trending tickers include Intel, Corning, and Lucid Group. Notable guests on the platform include Liz Ann Sonders, Seth Goldstein, Jim Townsend, and Brian Kelly among others.

Source: YAHOO

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